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The NSW Teachers Credit Union was formed in 1966 to provide teachers with a low-cost, convenient and efficient banking products and services. The NSW Teachers Credit Union was built on the values of quality, integrity and co-operation and to this day, continues to demonstrate these core values in their support of the education community. The credit union manages over $2 billion in deposits and has more than 150,000 members throughout Australia. All profits generated are returned to members in the form of exceptional personal service and a value-for-money approach to fees and interest rates. NSW Teachers CU also offers a full range of retail financial products which include car loans, credit cards, home loans, personal loans, savings accounts and even term deposit and investment products.
Product Details
- Company
-
- Nominal Rate
- 5.55%
- Effective Rate
- 5.69%
- Payment Frequency
- Monthly
- Maturity Alert
-
- Partial Withdrawal Penalty
- No
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal n
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
